Opening & Closing Escrow
Escrow
A neutral third party holds documents and money for a real estate
transaction and ensures that all conditions of a sale are met.
Also refers to a special account that a lender uses to hold
a borrower's monthly payments on property taxes and insurance.
A lot has to happen in the weeks before you close. Stay on top
of the details so you can close on time, keep costs down, and
understand everything you sign.
Develop a Schedule
Create a Closing Plan to complete tasks on time.
Everyone involved in your transaction must perform dozens of
tasks before you can close on your home. Use the checklists
provided to create a "Closing Plan," so you can manage
the work and keep the process on track.
Your Closing Plan
